With a market full of variety of loans ranging from bike to Car loans HDFSE has introduced a totally new kind . In a press confrence held today at their Mumbai headquaters CEO has announced "Bail Loan" for those politicians who are in jail by mistake . It means who are not that rich as they are projected and are unable to pay the heavy bail amount imposed to them by courts .
When our reporters asked where did they get this idea from,he told us a real surprising incident related to famous Kuresh kalmadi who also happened to be his close friend .
Here are his words "After kalmadi got bail approval in feb 2012 by court order he was supposed to pay a surety amount of Rs 5 lakh . But kalmadi was unable to pay that amount as he was not having that much money in cash . He had invested his whole life earning in education of his children and buying a simple house in Delhi . So finally he agreed to take a personal loan from our bank to pay the amount . So this event inspired me to do some thing for others like kalmadi ."
Only the time will tell the real truth that whether they are offering politicians loan or are expecting loan from them .
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